Florida Commercial Insurance is basically an insurance policy that is meant to protect your business from future risk. This insurance coverage includes loss of income because of business interruptions, business property damage, legal issues, employee grievances, and theft among others.
However, because of the existence of business insurance, it does sometimes become difficult for most people to choose between a business insurance policy and commercial insurance. One of the considerations you should make when selecting between business insurance and commercial insurance should revolve around the possibility of interruption, which will either lea to termination of your business or loss of income.
It is therefore important for every businessperson to foresee the future of their business and consider choosing an insurance policy that covers those risks.
Property Insurance
This insurance coverage pays for a businesses damages and losses to personal or real property. For instance, in case of a fire, property insurance can cater for the damages to your office space.
Workers Compensation
Provides wage replacement and medical benefits to employees injured in the course of employment in exchange for mandatory relinquishment of the employee’s right to sue
Commercial General Liability
Protects businesses from being sued by third parties providing coverages for bodily injury, property damage, and personal or advertising injury claims.
Types of Commercial Insurance
The different types of commercial insurance are endless. And they include everything a business person would want to cover in the future for their business. NEA Insurance Group LLC in Miami, FL, is here to help with any inquiries. If you want assistance from NEA Insurance Group LLC serving the state of Florida, you can simply contact us for more information.